MAM
Bikano expands its western snacks category with three new products
Mumbai: Snacks major Bikano has announced the launch of three new products ‘Mexican Crunch’ and ‘Fun Sticks’ (two variants) to increase its market share and revenue stream in the western snacks category. Available at different price points, the new products are aimed at solidifying the brand’s presence in the western snacks market.
All three new launches will be promoted across channels like digital, retail and print media.
“The new launches provide us a means to target new markets and customers, increase market share, sell more and eventually increase our revenue streams,” stated Bikano director Manish Aggarwal. “A wide range of products portfolio also gives confidence to the retailer and provides an opportunity to infuse new energy into the channel, thus increasing sales revenue. Treatos Mexican Crunch and Chatax Fun sticks are definitely going to work as fuel for growth.”
“The new work-from-home culture post lockdowns has grown the munching habit among people. Observing these trends, we believe that the snacks market is going to get even bigger. For the initial six months, we are expecting sales revenue of Rs 25 lakhs per month and will gradually attempt to achieve Rs one crore sales per month from these three products,” he further said.
Gen-Z and the millennial population are considered a big market by FMCG companies for the snacks segment. With snacking brands focusing more on products with low-calorie count and less oil, they are able to encourage the younger generation towards healthier snacking choices, said the brand.
“Indians are experimenting, seeking variety and are open to trying new products and experiences. Businesses need to be quick to tap into the fast-growing and profitable categories. Diversifying the portfolio makes sense as it helps mitigate risk and is not necessarily a costly affair. Most product changes are consumer-led, and this is to cater to their explicit and implicit needs,” said Bikano’s head of marketing Dawinder Pal.
“In Mexican Crunch, peri-peri is the most popular flavour. Also, it is 100 per cent corn-based which gives a crunchy bite. On the other hand, the USP of Chatax Fun Stick is the taste and flavour which differentiates it from competitors. The product is very tasty and light to eat. For the Treatos Mexican Crunch we are targeting the age group of 10-30 years, while for the Chatax Fun Sticks, our target group is five years to 18 years,” added Pal.
Buying family medical insurance online in India has become a common option for individuals who want to secure health coverage for multiple family members under a single policy. However, many buyers are unsure about the exact steps involved in selecting and purchasing the right plan online.
In this guide, you will know the step-by-step process of buying family medical insurance online in India, along with the key factors to review before purchasing a suitable policy.
Step 1: Assess Your Family’s Healthcare Needs
Before buying online health insurance, check the healthcare needs of all family members. Check age, existing illnesses, regular medicines, and the likely need for hospital care later. This helps in selecting a suitable sum insured, policy type, and level of cover. It also reduces the chance of buying a plan that appears suitable but does not meet actual medical needs.
Step 2: Visit the Insurance Company’s Official Website
After understanding the family’s needs, visit the insurer’s official website and read the plan details carefully. Use the official platform to review eligibility, policy wording, waiting periods, cover details, exclusions, and renewal terms.
This step gives a clearer understanding of how the policy works before payment is made. It also helps avoid confusion caused by incomplete summaries on other pages.
Step 3: Compare Available Family Health Insurance Plans
A family medical insurance policy should be compared on factors beyond the premium. Review the sum insured, hospital network, room rent limits, pre- and post-hospitalisation cover, daycare treatment coverage, and waiting periods. It is also important to check treatment sub-limits and specific policy conditions.
Careful comparison helps determine whether a plan provides balanced coverage and whether its terms are suitable for the healthcare needs of the entire family.
Step 4: Choose the Right Policy and Start the Online Purchase
Once the options have been compared, select the policy that best fits the family’s medical needs and budget. Before starting the application, review the covered members, policy term, benefits, and main conditions again. This is an important stage because errors here can lead to the wrong cover amount, an unsuitable variant, or missing details that create problems during policy use.
Step 5: Calculate the Premium Using an Online Calculator
Use the online premium calculator before making the final choice. Enter the correct details, including age, city, number of insured members, and selected cover amount. The result helps in understanding the expected premium and whether the policy fits the annual budget. This step is useful because it allows cost and coverage to be reviewed together, instead of choosing a plan only because the premium looks lower.
Step 6: Fill in Personal and Medical Details
When filling in the proposal form, provide accurate details for each insured member. This includes name, date of birth, contact details, medical history, ongoing treatment, and previous insurance information if required.
Every answer should be complete and truthful. Incorrect or missing details can create difficulty later. Before you submit the form, read every section again and correct any mistakes.
Step 7: Make Payment Through the Secure Payment Gateway
After checking the form, go to the payment page and complete the transaction through the secure payment gateway. Review the premium, policy term, and entered details once more before confirming payment.
After the transaction is completed, save the receipt, reference number, or confirmation message carefully. Keeping this record is useful if you need to track the purchase or follow up on policy issuance later.
Step 8: Download and Keep Your Policy Document Safely
Once the policy is issued, download the policy document, schedule, and any related papers without delay. Read them carefully to confirm member names, policy period, sum insured, and major terms. Save a digital copy in a secure folder and keep a printed copy if needed. Proper record keeping makes future renewals, document checks, and policy servicing easier and more organised when information is required quickly.
Conclusion
Buying health cover online becomes easier when you handle each step with attention. From checking your family’s needs to reading the final document, every stage helps you make an informed choice. A careful approach can reduce mistakes, improve your understanding of policy terms, and help you choose coverage that matches your household’s medical needs, financial capacity, and long-term healthcare planning in a reliable way for your family over the long term.
